Cifas

Established in 1988, Cifas is a not-for profit membership organization representing both the private and public sectors. The association is focused on the prevention of fraud, including internal fraud, as well as the identification of financial crime.

Cifas provides members of the public with advice, information, and tools concerning fraud and financial crime. Victims of identity fraud and personal data breaches are offered protective registration. The association also holds information on known fraudsters. Individuals can access information about themselves, if applicable, through a subject access request.

The Sifas platform utilizes algorithms and AI to enhance data matching to extend beyond names, addresses, and dates of birth. Some categories include financial details, false and fraudulent documents, and device identifiers. Alerts offer intelligence reports to let members know about threats to their business according to the data supplied. Location-based alerts show geographical clusters of fraudulent activity. Aggregated data alerts are generated after the investigation of different members’ intelligence records for fraud identification.